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of nuclear energy here in the u.s., we continue our coverage of japan's massive earthquake. you're watching "nightly business report" for monday, march 14. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. my colleague tom hudson is off tonight. it's day four of japan's monstrous earthquake and tsunami, and the full brunt of the damage is still unknown. the death toll is expected to exceed 10,000 and the country continues to battle the threat of a catastrophic nuclear accident. now japan is focused on the enormous human suffering, but attention around the world is also shifting to the economic consequences of the disaster. many economists believe the country is likely to slide into recession. so what will that mean for the rest of the world? suzanne pratt reports. >> reporter: there's no question the human toll of japan's epic earthquake and tsunam
in u.s. treasuries. >> tom: we ask pimco's bill gross why he's bailing out of government debt and where he's putting money now. you're watching "nightly business" report for wednesday, march 9. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possibley: this program is made possible by contributions to your pbs station from viewers like you. thank you. >> susie: good evening, everyone. the world's largest bond fund is betting against bonds. pimco's total return fund has sold off its government bond holdings to zero as of the end of february. tom, this is a strong signal from pimco's flagship fund that it sees little value in owning u.s. treasuries. >> tom: susie, as a result of those bond sales, pimco is sitting on $54 billion of cash. the fund still owns other kinds of bonds. it's holdings are diversified among mortgage bonds, corporate debt, foreign bonds and municipal securities. >> susie: so what's the reason behind the bond fire sale? joining us now: william gross, the founder and co-chief investment officer of pimco. hi, bill, n
. >> president obama works to ease fears at home saying the u.s. is not at risk from the radiation. >> susie: japan's disaster is raising questions about u.s. nuclear liability and the yen's continued surge as we continue our coverage of the japanese crisis. you're watching nightly business report for thursday, march 17th. >> this is nightly business this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. >> tom: good evening, thanks for joining us tonight. president obama said today japan's nuclear crisis won't affect the united states, susie. >> susie: you know, tom, the president spoke this afternoon from the white house rose garden and said he doesn't expect a nuclear radiation to be a risk for people inside the united states. >> i want to be very clear. we do not expect harmful levels of radiation to reach the united states, whether it's the west coast, hawaii, alaska or u.s. territories in the pas civic. >> susie: besides japan'
sold off. here in the u.s., the panic- selling swept through wall street, but the major averages rebounded by the close of trading. the dow tumbled 137 points, reversing a loss of nearly 300 points earlier in the session. the nasdaq fell 33, and the s&p was down 15. so what happens now? erika miller reports. >> reporter: the moment the opening bell rang on wall street, fear gripped the stock market. trader art cashin says the disaster in japan prompted many investors to dump their holdings at any price. >> when you can't sell what you want to sell, you sell whatever you can-- sometimes, your grandmother's necklace. you don't like to sell that, but if that's the only thing that gets you money, you have to do that. >> reporter: the dow's decline was serious, but the drop was far worse in japan. the nikkei lost more than 10%. most european markets also fell. the question for investors is what to do now? is the stock market overreacting to the crisis in japan, or does it pose a major threat to global growth? market strategist alec young says the answer depends on the extent of the da
earthquake will do to japan's fragile economy and the global markets. here in the u.s. despite the japan's stock index tumbled almost 180 points closing just minutes after the earthquake hit. >> tom: we spoke with our correspondent in tokyo. and began by asking lucy craft what's the initial assessment of damage to businesses and industry in japan. >> companies hit quite hard. sony, hond on, toyota, the major auto makers have a lot of factories up in northeastern japan. there's been a range of damage to these companies. so those factories will be kind of knocked out of operation for various amounts of time. fortunately, the northeastern area of japan is very sparsely populated. this is -- if you compare this to the kobe earthquake of 16 years ago, it accounts for a much smaller amount of gdp. >> reporter: what have you learned about the damage to the trainl systems and infrastructure? >> we haven't heard about the damage to the train system which is a major source of transportation here. when you talk about energy, though, it's a whole different ball of wax, and there's a lot of different
around the globe warn about the risks and u.s. stocks get whipsawed. >> tom: as the situation unfolds, how is the nuclear industry responding to the escalating crisis? and what is in store for investors? you're watching "nightly business report" for wednesday, march 16. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. fears escalated today around the world about the nuclear crisis in japan. comments from energy officials in europe and the u.s. raised questions about danger from the damaged reactors, tom. >> tom: susie, these were stark comments from top global experts. europe's energy chief said japan's dai-ichi nuclear plant was "effectively out of control." the u.s. energy secretary said there was a "partial meltdown" there. additionally, americans within 50 miles of the area were urged to evacuate. >> susie: and tom, those warnings spooked u.s. stock investors, sendin
's ambassador to the u.s., ichiro fujisaki. >> brown: special correspondent steve sapienza reports from bangladesh on the struggle to meet the basic needs of an exploding population. >> dahka is one of the world's fastest growing cities and one of the poorest. with 2,000 newcomers daily the struggle to find clean water in the slums often has life threatening consequences. >> ifill: and ray suarez examines what a merger between at&t and t-mobile would mean for consumers and the wireless industry. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> oil companies have changed my country. >> oil companies can make a difference. >> we have the chance to build the economy. >> create jobs, keep people healthy and improve schools. >> and our communities. >> in angola chevron helps train engineers, teachers and farmers, launch child's programs. it's not just good business. >> i'm hopeful about my country's future. >> it's my country's future. >> you can't manufacture pride, but pride builds great cars. ouan yd'lt fi y indin the people at toyota, al
senators gary hart and norm coleman assess president obama's decision to use u.s. military power in libya. >> ifill: then, we get a report from a japan battered by nuclear disaster and now facing elevated radiation levels in its tap water. >> lehrer: miles o'brien looks at the future for u.s. nuclear power in the wake of the japan crisis. >> ifill: ray suarez reports on how the north african nation of morocco is working to avoid becoming the next target of regional unrest. >> reporter: in washington, morocco's foreign minister gave us an overview of king mohammed's planned reforms for a country facing some of the same discontents as its neighbors. >> you know what i feel like? i feel all the time like a cat on a hot tin roof! >> lehrer: and jeffrey brown remembers legendary film star elizabeth taylor who died today at age 79. that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people des
assess what the u.s. and the world are doing now, and what comes next. >> ifill: plus, we examine what the unrest in the middle east is doing to gas prices here at home. >> woodruff: then, we have the first of two reports from guatemala. tonight, ray suarez looks at programs aimed at combating a long history of domestic violence. >> suarez: as part of a nationwide effort to improve women's health these workshops are pushing back against a rape culture trying to lower the epidemic levels of violence against women and girls. >> ifill: and jeffrey brown talks to scott shane of the new york times about the obama administration's decision to resume military trials at the guantanamo bay prison. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> breathe in. breathe out. as volatile as markets have been lately, having the security of a strong financial partner certainly lets you breathe easier. for more than 140 years, pacific life has helped millions of americans build a secure financial future. wouldn't it be nice to take a deep breath and rel
in the u.s., the financial markets ignored those debt concerns. but erika miller looks at why american investors may want to pay attention to the crisis in portugal. >> reporter: for the past few weeks, investors have had plenty of distractions, ranging from political upheaval in egypt and libya to natural disasters and nuclear problems in japan to sharply higher oil prices. but today, the spotlight was on a problem many thought had gone away-- the european debt crisis. the fall of the portuguese government has pushed that country's borrowing rates to record levels, making it more difficult for portugal to get a handle on it's debt. economist brian levitt says the fear in financial markets is that portugal could need an expensive bailout. >> the big fear about the fall of the government in portugal is that they are not going to go through the austerity measures that they need, that the larger euro-economies want for them to go through in order to get additional credit facilities. >> reporter: another fear is contagion, reinforced by credit rating agency moody's downgrade of more than 3
. president obama said the u.s. and the world must be ready to act rapidly if the crisis in libya deteriorates. and he didn't rule out the use of a no-fly zone over the country. >> brown: and i'm jeffrey brown. on the "newshour" tonight: we get the latest on the fierce fighting in the oil city of brega and the exodus of refugees fleeing the violence. >> woodruff: plus, we talk to libya's ambassador to the united states, ali suleiman aujali who denounced moammar qaddafi last week. >> brown: then, as states battle public sector unions, we have a newsmaker interview with afl-cio chief, richard trumka. >> woodruff: spencer michels reports on the outcry over hikes in insurance premiums in california. >> the new higher health insurance rates for individuals have sparked protests and calls for the government to step in. >> brown: and hari sreenivasan examines mexico's deadly drug wars, as president felipe calderon visits the white house. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> you can't manufacture pride, but pride builds grea
and nato enter libya. >> woodruff: plus we look at military options for the u.s. and others, including establishing a no-fly zone over the north african nation. >> warner: marcia coyle gives us the latest from the supreme court, including today's 8-1 ruling upholding the free speech rights of protesters at military funerals. >> woodruff: spencer michels reports on the controversy surrounding dozens of no fishing zones off the coast of california. >> california is establishing dozens of protected areas in the ocean, but the problem is there aren't enough game wardens to enforce the rules. >> warner: and jeffrey brown talks to libyan-born u.s. poet khaled mattawa about life in libya under qaddafi and today's uprising. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institu
examining the experience is of those who have come to call the u.s. home. welcome to our viewers on pbs in america and also around the globe. in libya, state television is reporting you allied air strikes tonight, even as anti-government rebels) on what could be an important symbolic victory after a weekend of military gains. there have been moving steadily west, retaking towns they had earlier lost, moving from benghazi, the rebels are now in control of three other towns. the biggest victory could be the capture of sirte, colonel gaddafi's home town. >> taking the fight to colonel gaddafi's birthplace. rebels pounding targets near the town of sirte. a victory here would have huge the symbolic value. if the libyan leader cannot defend his home town, how long can he defend his regime? rebels said these were some of his supporters, mercenaries, they claimed, sent to kill, but defeated by poorly armed volunteers. we found rebel fighters racing to the front lines with a clear message for the libyan leader. a few weeks ago, a gesture like this would have gotten him killed. along the way, we
with u.s. ambassador to the u.n., susan rice. >> brown: then, we get the latest on the radiation containment efforts in japan as the government there raises the alert level. >> suarez: plus jeffrey kaye, in beijing, has chinese reaction to the japanese nuclear crisis. >> the nation is in the process of building 37 new nuclear pourpts, and is now reexamining safety. >> brown: mark shields and david brooks provide their weekly analysis. >> suarez: and fred de sam lazaro gets a rare look inside syria, where the government is just beginning to be challenged by protesters. >> brown: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> okay, listen. somebody has got to get serious. >> i think... >> we need renewable energy. >> ...renewable energy is vital to our planet. >> you hear about alternatives, right? wind, solar, algae. >> i think it's going to work an a big scale. only, i think it's going to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technolo
>> tom: more than a week after air strikes began, what's the taxpayers' bill so far for u.s. military operations in libya? >> we've spent between $300 and $500 million, but as we move forward those costs should drop substantially. >> suzanne: as president obama talks to americans about libya, we'll look at how much money the conflict will cost the u.s., even as nato takes the lead. you're watching "nightly business report" for monday, march 28. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. susie gharib is off tonight. i'm joined by my colleague suzanne pratt. u.s. warplanes, ships and missiles have been striking against libya for more than a week. this evening, suzanne, president obama makes his case to the american people. that's after facing questions about the goals and costs of the mission. >> suzanne: and, tom, the president's speech come
by wpbt >> susie: good evening, everyone. president obama put libya on notice today saying the u.s. and its allies are ready for military action. tom, the president's message was aimed at libyan leader moammar qaddafi. >> tom: susie, speaking at the white house, president obama said qaddafi must end the violence and pull back troops from towns under attack. >> let me be clear, these terms are not negotiable. if qaddafi does not comply, the resolution will be enforced through military action. >> susie: ahead of the president's warning, libya said it's ceasing all military action and will begin talking with opposition groups. that came after a vote at the united nations calling for a no- fly zone over the country. not surprisingly, oil markets were volatile today. crude prices closed down 35 cents to settle at $101 a barrel, off their high of $103. as suzanne pratt reports the oil market is coping with a long list of issues. >> reporter: in the past week much of the world has been fixated on japan, with one exception. the global oil market is paying much more attention to bubbling co
with the battle -- the bbc middle east. it starts with jeremy bowen in london. >> the u.s. jets returning to their base in italy. the decision to use air power against colonel gadhafi in libya was taken quickly, so quickly that they are still sorting out the politics behind it. if that is one reason for the london conference, assembling ministers and diplomats from 40 countries, and the arab league and the african union to back u.n. resolutions. though thertheir enthusiasm for military action varies. the mandate to protect civilians also means taking sides in a civil war. >> we made the right choice, that was to draw a line in the desert sand to halt the murderous advance of gaddafi's forces. no one has yet to explain when or how that commitment ends. the conference also said -- started the process toward more legitimacy. this is the closest of rebels have to a political leadership and would like more help on the ground, too. >> the americans said they would consider arming the rebels. is that something you would like? >> you can see that they are fighting with machine guns, etc. >> the u
there was no risk to any u.s. territory from the reactors. good evening. i'm judy woodruff. >> brown: and i'm jeffrey brown. on the newshour tonight, we have the latest on the containment operations, the ongoing exodus of people from areas close to the reactors, and new footage from when the tsunami struck six days ago. >> woodruff: and amid signs of both resilience and confusion, we look at japan's political culture in response to the disaster. >> brown: then, ray suarez has an update on libya, as the u.n. moves to a vote on establishing a no-fly zone over the country. >> woodruff: margaret warner talks to irish prime minister enda kenny about the celtic tiger's struggle to kick-start it's economy. >> brown: and tom bearden reports on a project to use private satellites to help stop genocide. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> you can't manufacture pride, but pride builds great cars. and you'll find it in the people at toyota, all across america. >> auto companies make huge profits. >> last year, chevron made a l
. on the "newshour" tonight: we update the military operation and get two views on what the u.s. and its allies can do to stop moammar qaddafi's forces. >> lehrer: then, judy woodruff talks to the editor of the yemen times about the growing protests in that arab nation. >> they want a life where they don't have to think of future and be equal. >> brown: paul solman has the story of the widening gap in american society between the very rich and the rest of the country. >> the top 1% is living well, and they don't get it. they don't get what is happening to this country and i feel like we're creating a third world country subculture within this country. >> lehrer: and ray suarez looks at new census numbers showing one in six americans is hispanic. >> lehrer: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> you can't manufacture pride, but pride builds great cars. and you'll find in the people at toyota, all across america. >> auto companies make huge profits. >> last year, chevron made a lot of money. >> where does it go? >> every penny and more we
and relatively modest increase in u.s. consumer price inflation. >> susie: the latest on inflation and what it'll take to end the fed's government bond buying binge. you're watching "nightly business report" for tuesday, march 1. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. ben bernanke said today the federal reserve is ready to take action if high oil prices threaten the economy. susie, the fed chief's comments came on a day when oil prices gushed higher. >> susie: tom, as bernanke was testifying on capitol hill in washington, oil futures trading here in new york surged to just below the $100 level. april crude rose $2.66 a barrel, or more than 2.5%. and those rising oil prices triggered a stock sell-off on wall street-- the dow fell 168 points, the nasdaq lost 44, and the s&p 500 off almost 22. >> tom: against that market backdrop, bernanke explain
&t wants to buy t-mobile in a $39 billion deal that could reshape the u.s. wireless industry. susie, if approved, it would leave just three major carriers in this country: at&t, verizon and the much smaller sprint nextel. >> susie: it is a dramatic change, tom. the proposed merger has been approved by the boards of both at&t and t-mobile parent deutche telekom. the deal still faces scrutiny from the department of justice and the federal communications commission. >> tom: critics say the merger could lead to higher prices. and as darren gersh reports, it may also change the way wireless companies do business. >> reporter: to really understand what's driving the future of telecom, you need to appreciate the difference between smartphones and what analysts like dan hayes call dumb pipes. >> the fear among the network service providers is that they are being relegated to being dumb pipes, where all they are doing is providing connectivity for voice calls and connectivity to the internet and all the value is being taken by companies like google or applications providers who are really ma
on illegal trading on wall street. here's how u.s. attorney preet bharara put it when charges were announced at the end of 2009. >> it would be a mistake to think that this investigation is focused only, or even principally on, hedge funds. we have gone far beyond that. in fact, this investigation goes to the very heart of fair play in the business world. >> susie: joining us now with more analysis, steven feldman. he's a former u.s. attorney who worked in new york's securities fraud task force, and is now a white collar defense attorney at herrick, feinstein. >> hi, steven, nice to have you here with us. >> thank you, susan. >> susie: how strong is the government's case against raj rajaratnam? >> susie, that's what we're going to find out. the government, up until now, does all of the talking. they have the indictment. in that indictment, they put forward their best foot, and all their evidence. that evidence seems to be strong. it includes hours and hours of wiretap evidence, that includes the testimony of confidential performants. the defense has not had a chance to do anything yet. that'
carried by the wind far from japan's shores. >> ifill: plus, kwame holman looks at the u.s. nuclear energy industry in the context of japan's current crisis. >> woodruff: then, jeffrey brown updates the conflict in libya, as moammar qaddafi's forces move against key rebel strongholds. >> ifill: and science correspondent miles o'brien reports on nasa's next deep space ambitions, including a journey to the planet closest to the sun. >> we'll take you to mercury and beyond. you know, the solar system is not the same place you learned about in grade school. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: in 1968, as whaling continued worldwide, the first recordings of humpback songs were released. ( whale singing ) public reaction led to international bans. whale populations began to recover. at pacific life, the whale symbolizes what is possible if people stop and think about the future. help protect your future with pacific life-- the power to help you succeed. ♪ ♪ moving our economy for 160 years. bnsf, the engine that con
to endorse a no-fly zone and it's been very important to this administration that this not be seen as a u.s. operation. so there really was a need from their point of view to build up enough international political support so that the united states could say -- stay if not in the background, at least sort of on the sidelines. >> and the president in his press conference, i thought it was striking to list the things that we're not going to do. we're not going to deploy ground troops. we're not going to use force to go beyond a well-defined goal. what's with all this not, not, not stuff? >> there's a lot of ambiguity. he did say we're not going to employ a ground force which is prohibited by the u.n. resolution as well. he also said the goal of the operation will not go beyond protecting civilians. but at the same time, he said qaddafi has lost the legitimacy to lead. and you had secretary clinton and you had the french government also saying that the logical result of this operation will be that the qaddafi regime is overthrown. so they've certainly injected -- gwen: a logical result, but is
an overview perspective on the unrest in the arab world, from former u.s. national security advisors zbigniew brzezinski and brent scowcroft. >> ifill: and judy woodruff gets the latest from japan, where officials now estimate more than 21,000 people are dead or missing, and there's new evidence of radiation in vegetables, milk, and water. >> lehrer: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: having the security of a strong financial partner certainly lets you breathe easier. for more than 140 years, pacific life has helped millions of americans build a secure financial future. wouldn't it be nice to take a deep breath and relax? your financial professional can tell you about pacific life, the power to help you succeed. >> you can't manufacture pride, but pride builds great cars.n n toyota, all across america. chevron. we may have more in common than you think. >> and by bnsf railway. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the on
, and what u.s., nato and allied roles will be, we talked to senators john mccain and jack reed. >> there are times where the greatest nation in the world and the strong eh nation in the world has to act alone, that is not the preference, and the preference is to build coalitions as we have most of the times in the past. i think that president obama may be unintentionally or intentionally conveying the impression that we can never act alone. i don't think that is appropriate, given possible scenarios. >> as we have seen, this trance formative effect in egypt and tunisia, i can't we want to encourage that but we want to recognize it is best done through a coalition, it is best done by using the particularly unique capabilities of the united states, but not committing our forces to long-term engagements. >> and david ignatius of the washington post, david ignatius, doyle mcmanus and julianna goldman. >> it is exhilarating seeing for people calling for change and sweeping away governments and yet where it is going, what the risks are for the united states, nobody knows, and i think
, about u.s. involvement in the north african country. >> ifill: then, marcia coyle walks us through today's supreme court arguments in a huge class action suit against wal-mart. >> woodruff: we update the nuclear crisis in japan, as the prime minister says his country is on "maximum alert." >> ifill: miles o'brien reports from the site of the world's worst nuclear disaster, the chernobyl power plant, where, decades later, radiation levels are still higher than normal. >> 25 years after the accident here, scientists are still trying to piece together its full impact. in the wake of events in japan there's new focus on their work. >> woodruff: and ray suarez interviews housing analyst robert shiller about new evidence of falling home prices in cities across the nation. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> oil companies have changed my country. >> oil companies can make a difference. >> we have the chance to build the economy. >> create jobs, keep people healthy and improve schools. >> .and our communities. >> in angola chevron h
is a highly developed country. it is as technologically sophisticated as us, and there's much concern in the u.s. that a similar accident can occur here. how do you respond to that concern? >> well, first, i would agree with you. the reactor in chernobyl was of a different design. it was-- it had point of instability. it had no containment vessel. but we are looking very carefully at what is naepg japan because, as you say, they're using more advanced designs. a number of reactors in the united states have similar designs, and we're going to look at what went wrong in terms of the double-barreled whammy this huge, hung earthquake and huge su, and look to our reactors again and learn as much as we can so we can, if needed, improve the safety. by "if needed" what i really mean is we're always increasing the safety of our reactors, and not only our reactors but the safety of all our industrial systems. >> mr. secretary, two days ago a number of us wrote to chairman upton, whitfield, and stearns, asking our committee here investigate and hold hearings about the safety and prepared understandness of
growth, and some disappointing news about the u.s. job market. the selling was broad-based-- the dow fell 228 points, closing below the 12,000 level; the nasdaq lost 50, and the s&p 500 was down almost 25 points. >> tom: this stock selling comes as the bull market celebrated its second anniversary this week. could the rally be over, or just taking a pause? peter cohen is co-author of "capital rising," and he is with us from newton, massachusetts. lincoln ellis is the chief investment officer at the strategic financial group. he joins us from the cme group in chicago. welcome to nightly business report. nice to see both of you. >> thank you. >> thanks, tom. >> tom: peter, let's begin with you. time to buy more shares on these lower prices or to cut some of the losses you've seen recently and sell? >> i say it's time to buy. i mean it could go lower. i mean you could have a 5% correction can. but in general, the market is doing fan tasically. it's been up almost 100% since the low of march 2009. it's trading act a relatively low pe of around 15 which is much better than the pe of a typical
to leave tokyo. the u.s. is not allowing any of its military within 80 kilometers of the plant. the japanese government has only told people within 20 kilometers to leave. we have obtained footage from a local tv crew wants to tell the story of those trapped. >> a japanese team makes its way cautiously into the place. this is 12 miles from the stricken nuclear plant. people have been warned to stay indoors. visitors make a local hospital nervous. the door is locked. they check them thoroughly for radiation before they will let them in. inside a staff who has chosen to stay with their patients rather than flee. >> we are not supposed to stay here. this is our job. i resent the nuclear plant. >> at city hall they say no one will help them. they had been forgotten or abandoned by the powers that be. >> we were not told when the first reactor exploded. the government does that tell us anything. they are leading us to dye it. >> they say they have no means to get out. fuel is scarce and relief teams are reluctant to rescue them. >> the u.s. energy secretary said the crisis seems to
. president obama said today military options are still on the table. there are signs the u.s. might go along with a resolution if there is a consensus. we are seeing how people feel about foreign intervention. >> all over benghazi, there are posters say no foreign intervention is needed to help the people rid themselves of colonel gaddafi. if there clear about that. after several days of attacking protestors strongholds, several towns in the west, the town of ras lanuf, the rebels thought they had captured that themselves, only now are they beginning to change their mind. would you accept foreign help now? >> yes. the no-fly zone would be very welcome. the surgical bombings -- where he has his supporters. some other bases where he has his troops, we do not mind surgical bombing there. we did not mind a no-fly zone over libya because he is using his aircraft to kill people. they have no cover for that. we can match them on the ground, but in the skies, we have no power. we would welcome very much a no flying zone over libya. but no foreign troops on the ground. a no-fly zone would be enough.
today the u.s. housing market still is struggling. susie, that's even as many parts of the economy are recovering. >> susie: tom, what got everyone concerned is the latest new home sales numbers. they fell to a record low. sales tumbled almost 17% in february. even lower prices couldn't bring in the buyers. the average selling price for a new home fell to $202,000. at the current sales pace, it would take almost nine months to sell all the new homes on the market. >> tom: this discouraging news comes right at the start of the spring selling season. erika miller reports. >> reporter: instead of eating during her lunch hour, angie moncada likes to go house hunting online. she and her husband have been waiting for spring to get serious about their search. >> we want to move somewhere around the beginning of june. also it seems like things are just picking up generally, and we're hoping that people who have been holding out on putting their homes on the market will be doing so now. >> reporter: it also doesn't hurt that home prices nationwide are still falling. new homes prices are at
. and the entire pacific, including the west coast of the u.s., was put on alert. good evening. i'm jim lehrer. >> woodruff: and i'm judy woodruff. on the newshour tonight, we have video of the disaster, and talk to three people in tokyo for firsthand accounts of what they experienced and how the nation responded. >> lehrer: and we get an early assessment of how well japan was prepared for the dual hit of the earthquake and the tsunami. >> woodruff: then, we excerpt president obama's remarks about the federal budget stalemate and the uprising in libya at a white house news conference. >> we are tightening the noose on qaddafi, seymour and more isolated internationally both through sanctions as well as an arms embargo. >> lehrer: and mark shields and david brooks analyze the week's news. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> okay, listen. somebody has got to get serious. >> i think... >> we need renewable energy. >> ...renewable energy is vital to our planet. >> you hear about alternatives, right? wind, solar, algae. >> i think it's
the u.s. they have to put up a stealth fighter, put a man into space, that's a prodigious effort on their part. >> rose: is the faceoff between china and the united states going to come primarily in the pacific. is that where the struggle will be? >> i don't think there will be a faceoff in a sense of a a conflict. >> rose: i don't mean a military conflict. but i mean a struggle for... >> a strul for influence, yes. i think it will be subdued because the chinese need the u.s. chinese need u.s. markets, need u.s. technology and needs to have students go to the u.s. and study u.s. ways and then start doing business so that they can improve and it's going to take them ten, 20, 30 years. all that information and all that technological capabilities will be cut off from them. so it will be maintained at a level which allows them to still top the u.s. >> rose: you knew deng xiaoping well. what would he be doing today? would he be any different than hu jintao? >> i cannot say because deng xiaoping was of a different generation and what he says goes and the generals do not question him. h
in u.s. history with former assistant secretary of defense and vietnam veteran bing west. in his book, he offers a speeding critique and says the u.s. military should not be in the business of nation-building. his new book is called "the wrong war." our conversation with bing west coming up right now. >> all i know is his name is james, and he needs extra help with his reading. >> i'm james. >> yes. >> to everyone making a difference, you help us all live better. >> nationwide insurance supports tavis smiley. with every question and answer, nationwide insurance is happy to help tavis improve financial literacy and remove obstacles to economic empowerment one conversation at a time. nationwide is on your side. >> and by contributions to your pbs station from viewers like you. thank you. [captioning made possible by kcet public television] tavis: as i mentioned at the top, the war in afghanistan is in its 10th year, making it the longest in u.s. history. among those who question u.s. currency and policy for years now is bing west. his new book on the subject is called "the wrong war." i
. should the u.s. intervene? and national public radio shoots itself in the foot again. >> let me say at the outset we are putting this program together on friday as we are getting the details on the earthquake and tsunami in japan. we do not have a lot to add other than modern science and technology has allowed scientists on the west coast and in hawaii to warn residents that the tsunami was coming. as always, the u.s. navy is ready to respond to events in the pacific with the military relief. the program is called "inside wash.." let me begin in washington. it has been a long while since congressional hearings have brought up so much publicity, much of it negative. this one was about homegrown terrorism with emphasis on home run muslims. ever since he announced the hearings, peter king has been accused of being a latter-day joan mcnerney, but he refused to back down. >> to back them would be an abdication of what i believe should be the main responsibility of this committee, to protect america from a terrorist attack. >> when you assign their violent actions to the entire community,
the population. that is the minimalist position. but the u.s. -- i don't know if the administration has used the word "objective," but the president has said he has to go. our national interest is that he go, because, as evan said, if he doesn't, we will have problems at home, we will have lost. the problem is that obama has hitched himself to the u.n., this multilateralism, so that we are constrained to go for what the u.n. and international community wants, which is much, much less than what the u.s. wants and needs. >> what if gaddafi doesn't go? peggy noonan in "the wall street journal" writes that we know what we are against, gaddafi. who are we for? >> is one of thing to take the position that he had to go or he should go or must go, and to set out to kill him or d.v.m.. just as you can say -- or defeat him. just as you can say we have an axis of evil in three countries and you oppose those countries, but we did not go to war with korea because it is part of the axis of evil. or when reagan talks about the evil empire, clearly an empire, but yet we did -- >> but this is different. if y
for debate, not action. u.s. secretary of state has insisted that this be a u.n., not american initiative. protesters are keeping a low profile in at the capitol. but the protesters still seem determined to fight. >> only 30 miles away from the wyatt, the military success makes it even more dangerous -- from zawiya, the military success makes it even more dangerous for protesters. they believe in former is are everywhere. yet another protester joined us. they have never been on facebook before, which is now blocked. they do not have weapons, unlike the rebels in zawiya. but many have died, too, killed by the regime. >> jeremy. >> do you think because of the force that he has used -- >> no, and he is not finished. i will never speak any words with -- i am not arab. >> what is your gut feeling, like your feeling inside about how this is killing two and? >> we do not want this to go on. >> so, how do you beat him? >> how we will be? with faith. that is the only way. we don't have guns or modules or anything. but we have faith. we have the faith to be free people. >> how do you sustain this?
you a rule of thumb, every 10 dollars on oil prices reduces growth in the u.s. by about two/10 to 3/10 of a percent so right now 10, 15 dollars in the last couple of months we're looking at growth maybe instead of 3.2 or 3.3, only 3%. but if it goes to 150, say, that's a whole different story or even higher. then i think we have reason to worry. >> so summing up, is it too soon to call it a turning point. how would you characterize it. >> i would say certainly the job situation is a turning point. i think we have seen this recovery now spread to the jobs market. there is this sort of cloud, thunder cloud on the horizon but if all goes well, and in fact some of the turmoil in the middle east sort of settles down, oil prices will come down and that particular source of risk, if you will, to the u.s. economy will dissipate. >> and lisa lynch what do you see, how would you characterize it and how many, if you get about 200,000 jobs this month, how many do we need and how long do we need to sustain it before you say okay, now it's real. >> so 200,000 jobs a month, if we continue to keep
of the joint chiefs of staff appeared before congress to discuss the u.s. involvement in libya. one new development: reports quoting u.s. officials that cia teams are now operating in rebel-held eastern libya. today, gates declined to comment on any c.i.a. activity, but did respond to questions about the president's promise of no american military forces, so- called "boots on the ground." >> are there any boots on the ground? >> not that i'm aware of? >> so we're saying we're not going to put any boots on the ground but neither have our allies? >> that's my understanding and the opposition has said they don't want any. >> so is there any time on the future that there might be allies boots on ground in libya? >> not as long as i'm in this job. >> brown: questions about the strength libyan rebel forces came up as well and secretary gates acknowledged that the opposition appeared to have no coherent leadership. he was asked whether terrorist groups were likely to use that situation to their advantage. >> if we're not dealing with cohesive group, are you concerned al queda will take advanta
into the u.s. here's the deal-- if the trucks come in, mexico will drop $2 billion in tariffs on u.s. goods. our congress still has to sign off on it. if you carry on luggage when flying, you're costing uncle sam big bucks. t.s.a. screening of carry-on bags costs the federal government $260 million a year. the agency wants a hike in ticket security fees to cover those costs. still ahea- generation "y" is falling behind when it comes to investing. a look at the trend for those between 18 and 30 years old, and what it could mean for their future. >> susie: the contract dispute between nfl owners and the union representing the players. late today both sides agreed to extend contract talks through tomorrow. the original deadline was midnight tonight. now the n the nfl's lead attorney and nfl players met late this afternoon in washington, d.c., for more negotiations. the labor showdown could determine whether or not the american public will be able to watch their favorite sport. joining us now to talk about what's at stake, william gould, professor of law at stanford university and the former ch
. new vehicle sales rose 29% compared to a year ago. u.s. brands made up 40% of sales. g.m. models were especially popular. joining us now: autonation's president, michael maroone. hi, mike, nice to have you on the program. >> hi, thanks for having me tonight. >> susie: so you've had two months of back to back strong sales, but as you heard on our report a lot of concerns about higher oil prices, higher gasoline prices getting close to $4 a gallon. could that break the momentum? >> susie, at this point it's not a factor in the purchase decision. we're seeing consumers have really normal spending pat earns, certainly fuel efficiency is a consideration, but it's not the driving factor. now as fuel prices move up or when fuel prices move up, it could be a factor. we call it the freak out point, and that's somewhere north of $4 a gallon. >> susie: so that's when consumers just say that's going to be just too much for me to fill a tank and they back off from coming into the showroom? >> no, i think it's actually where they move to different products. and we saw it back in 2008 where there wa
, and whether you should consider one. >> suzanne: the u.s. supreme court heard arguments today in a mammoth gender discrimination case against walmart. the justices seemed sympathetic to the giant retailer in considering whether a small group of women can represent a huge nationwide class. walmart is accused of discriminating against female employees by denying promotions and paying them less than men. today, the court questioned whether the alleged treatment was part of a corporate policy. >> tom: the third largest u.s. stock exchange, called bats global markets, wants to compete with its bigger rivals. bats plans to launch a new listings service for u.s. stocks by the end of this year. the move opens the door for u.s. companies to take their shares public somewhere other than the new york stock exchange or nasdaq. bats is based in kansas city and already competes with those better-known exchanges in its trading business. >> suzanne: when it comes to banks and the lessons learned from the financial crisis, tonight's commentator says what's old is new again. he's allan sloan, senior editor
a word, corn. the u.s. ag department reported lower corn supplies. that helped corn prices jump more than 4%, and higher corn prices helped the farm stocks. speaking of hot commodities, oil is back at two and a half year highs. light sweet crude closing over $106 a barrel. brent sea crude oil ending its session at over $117 a barrel, the highest prices since the fall of 2008. now, from oil to cars: used auto seller carmax earnings came in as expected, but used car sales were light. and even though same-store sales say a double-digit pop, it was not as much as analysts had forecast. that sent shares down, falling more than 7%. volume was four times normal. this is the past 180 sessions, and the stock is back to where it began in the year. electric car maker tesla really saw a spark today, jumping almost 17% on very heavy volume. tesla went public in june, trading in the low 20s. morgan stanley called it america's fourth auto maker, upgrading shares to overweight. its price target-- $70 per share, two and a half times over tonight's closing price. auto parts maker meritor shed more than 15%
a slaughter or has no not indicd he's willing to act and the senate arms committee believed the u.s. had to show it was full my prepared to step in and showing the prepared to step in and senator kerry said said we failed to act in rwanda and the slowness to react in bosnia and under the first president bush encouraged the shia to do an uprising against saddam hussein and didn't come to their aid as well and there are all kinds of ghosts haunting the error and president obama is very cautious at his core that every time the united states has gone into intervene in the middle east there's been a long-term consequence to the perception of our position that's been negative. >> charlie: ann marie, tell me what the options are. >> the first best option is a negotiated solution that gets qaddafi and his family out of office and out of the country and that is actually still a possibility on the table. he made an offer, obviously it's hard to know who's saying what but the fact is we've been putting a lot of pressure on him both outside the country in terms of sanctions and in terms of diplomati
of the uprising here say they haven't been in touch with the u.s. or any other outside government. >> i think the united states should take care of its own people. we can look after ourselves. as soon as we get rid of this regime we want to build our civilization. keep your weapons at home. you may need them for somewhere else. >> reporter: behind closed doors the new 20-person coalition running the town meets. their message to the outside world, get qaddafi. >> the world has already seen the crimes and genocide he committed in breach of all international laws. we want the world to deal with him as a war criminal. he should be arrested as soon as possible. >> reporter: but how? referring him to the international criminal court isn't the same as apprehending or toppling him. >> it's friendly nations and nations that have the power to decide should come forward to assist us. especially by using their technical might. i also appeal to the enter in the community to enforce a no- fly zone over libya in order to prevent some some of the neighboring countries from sending things into tripoli. >> rep
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